Mr. Speaker, in March 1995, in response to a question from Jean Campeau, Quebec's finance minister at the time, who was worried that the federal government would change its transfer payment system to one based on demographic weight alone, the President of the Treasury Board replied, and I quote: “It would be the least favourable scenario for Quebec, so unfavourable that, in my opinion, it makes no sense as a solution”.
Does the President of the Treasury Board think this solution makes no sense?